Republic Bancorp (Republic Bancorp) Debt-to-Equity : 0.46 (As of Dec. 2023)

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What is Republic Bancorp Debt-to-Equity?

Republic Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. Republic Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $415.5 Mil. Republic Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $912.8 Mil. Republic Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.46.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Republic Bancorp's Debt-to-Equity or its related term are showing as below:

RBCAA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 1.16 Max: 1.4
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Republic Bancorp was 1.40. The lowest was 0.08. And the median was 1.16.

RBCAA's Debt-to-Equity is ranked better than
70.78% of 1393 companies
in the Banks industry
Industry Median: 0.68 vs RBCAA: 0.33

Republic Bancorp Debt-to-Equity Historical Data

The historical data trend for Republic Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Republic Bancorp Debt-to-Equity Chart

Republic Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.08

0.39

0.08

0.16

0.46

Republic Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.63	0.56	0.46	0.33

Competitive Comparison of Republic Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Republic Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Republic Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Republic Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Republic Bancorp's Debt-to-Equity falls into.

Republic Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Republic Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	415.539)	/	912.756
	=	0.46

Republic Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	415.539)	/	912.756
	=	0.46

Republic Bancorp (NAS:RBCAA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Republic Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Republic Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Republic Bancorp (Republic Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Republic Bancorp Inc (NAS:RBCAA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 West Market Street, Louisville, KY, USA, 40202

Website

https://www.republicbank.com

Republic Bancorp Inc operates as a financial institution that provides both traditional and non-traditional banking products through five reportable segments. It has traditional banking, warehouse, mortgage banking, Tax Refund Solutions (TRS), and Republic Credit Solutions (RCS) business segments. The business activities of these segments include retail mortgage lending, commercial lending, construction and land development lending, internet lending, correspondent lending, and indirect lending and also private banking, treasury management services, internet, and mobile banking, bank acquisitions, short-term revolving credit facilities, fixed-term residential real estate loans and receipt and payment of federal and state tax refund products under the TRS division.

Executives

Juan Montano	officer: EVP, Chief Mtg Banking Officer	601 W MARKET ST, LOUISVILLE KY 40202
Steven E Deweese	officer: EVP, Dir of Retail Banking	601 WEST MARKET STREET, LOUISVILLE KY 40202
Christy Ames	officer: EVP, General Counsel	601 W MARKET ST, LOUISVILLE KY 40202
Scott Trager	director, 10 percent owner, officer: Vice Chairman	601 W MARKET ST, LOUISVILLE KY 40202
Vidya Ravichandran	director	601 W MARKET ST, LOUISVILLE KY 40202
Jennifer N Green	director	601 W MARKET ST, LOUISVILLE KY 40202
Timothy S. Huval	director	500 W. MAIN STREET, LOUISVILLE KY 40202
Trager Trust Of 2012	10 percent owner	601 W MARKET ST, LOUISVILLE KY 40202
Steve Trager	director, 10 percent owner, officer: President and CEO	601 W MARKET ST, LOUISVILLE KY 40202
Laura M Douglas	director	601 W MARKET ST, LOUISVILLE KY 40202
Logan Pichel	director, officer: President & CEO, Republic Bank	601 W MARKET ST, LOUISVILLE KY 40202
Jeff Starke	officer: EVP, Chief Information Officer	601 W MARKET ST, LOUISVILLE KY 40202
George Iii Nichols	director	601 W MARKET ST, LOUISVILLE KY 40202
Margaret S Wendler	officer: EVP & Chief HR Officer	601 W MARKET ST, LOUISVILLE KY 40202
David P Feaster	director	601 W MARKET ST, LOUISVILLE KY 40202